Sam Zell Archive

The Web's most popular Sam Zell news, videos, and blogs archive.

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 Zell says he won't hesitate to sell Wrigley Field naming rights
Zell says he won't hesitate to sell Wrigley Field naming rights
Tribune Co. CEO Sam Zell said Tuesday he won't hesitate to sell the naming rights to Wrigley Field -- even if baseball purists don't like the idea.
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 Kenney Outlines Funding for Wrigley Field, Renovation
Kenney Outlines Funding for Wrigley Field, Renovation
Crane Kenney, the Chairman of the Chicago Cubs outlined how the sale of Wrigley Field and its renovations would be paid for. Speaking in an interview on WSCR-AM670, Kennedy outlined the complex structure being proposed by which the Illinois Sports Facilities Authority would purchase Wrigley separately from the Cubs and other baseball related assets that the Tribune Co. currently owns. The ...

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 "[Your Business] At Wrigley Field" Still Being Considered
"[Your Business] At Wrigley Field" Still Being Considered
Ever since there was discussion of the State of Illinois purchasing historic Wrigley Field from the Tribune Co. and renovating it, the question has been, “How would the State fund the renovation?” As we outlined yesterday, the Cubs (ergo, Tribune) see a complex deal with several moving funding parts (read Kenney Outlines Funding for Wrigley Field, Renovation ). One thing that ..
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 Go To Zell, Assface
Go To Zell, Assface
It is possible that no two subjects get me more worked up than the Cubs and the skinflint pricks who run the newspaper business. Generally, these subjects have nothing to do with one another. But now, with new Tribune Co. owner Sam Zell's continued ...
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 Zell is Selling and Maximizing, Much to MLB's Discontent
Zell is Selling and Maximizing, Much to MLB's Discontent
Sam Zell needs your money, and he’s looking in every nook and cranny to get it. By now, you’ve heard that Zell (the now owner of the Tribune Co., ergo the Cubs) fully intends on selling off Wrigley Field, thus breaking apart two assets (the Cubs and Wrigley) that are synonymous with each other, in an attempt to gain more revenues than the selling of the two as a package would ...
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 Financial Book on the Cubs Expected This Week
Financial Book on the Cubs Expected This Week
The sale of the Chicago Cubs will move beyond pure discussion when Sam Zell and the Tribune Co. deliver the financial “book” to the six prospective bidding groups sometime this week. The “book” is a financial assessment of all the holdings being sold by Tribune in association with the storied franchise, including the team, Wrigley Field, Comcast SportsNet Chicago, and ...
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 Zell Rejects IFSA Offer. Will Sell Wrigley With Team
Zell Rejects IFSA Offer. Will Sell Wrigley With Team
The plan to sell off Wrigley Field separate from the Cubs, Comcast SportsNet Chicago, and Wrigleyville Premium Tickets in no more. Zell has rejected the offer from Illinois Sports Facilities Authority, thus placing the bid for prospective owners of the Cubs will get a complete package. As reported by the Chicago Sun-Times : [S]ources said Zell has rejected the state's proposed terms because ..
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 Zell’s Zeal to Pay Down Tribune Debt Impacting Cubs Sale
Zell’s Zeal to Pay Down Tribune Debt Impacting Cubs Sale
Sam Zell doesn't care about the Cubs. Sam doesn't care if Illinois owns Wrigley Field, and the new owners wind up paying for upgrades, and don't get any of the naming rights revenues. What Sam needs is money. Here's why the sale of the Cubs is taking so long.
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 Friendly Confines South? Cubs Could Share US Cellular
Friendly Confines South? Cubs Could Share US Cellular
If Sam Zell has his way, and the Illinois Sports Facilities Authority purchases Wrigley Field , it is conceivable that the Cubs could wind up sharing U.S. Cellular Field with the White Sox for at least part of a season while renovations to Wrigley were being made. That according to Cubs Chairman Crane Kenney. The ISFA already operates U.S. Cellular Field, so any conflicts with the White Sox ...
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 Could Sam Zell Play "Crazy Eddie" When Selling the Cubs?
Could Sam Zell Play "Crazy Eddie" When Selling the Cubs?
Poor Sam Zell. You bought the Tribune Co., which includes the Cubs, and now you’re running around trying to get some cash in-hand to make the payments on your new toy. I know you’ve seen that ad. The one where the lady answers the phone from the collection agency asking, “Is everything OK?” Well, welcome to the high-stakes, big money production. Zell’s looking ...
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 The Curse of Ex-Wrigley Field
The Curse of Ex-Wrigley Field
That loud crashing you hear is the sound of two worlds colliding. One of those worlds is Sam Zell’s, the now-owner of the Tribune Co. who happens to own the Chicago Cubs and Wrigley Field. The other is the reality that might possibly await the future of the Cubs and Wrigley depending on what the next move is by Zell.
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 The Curse of Ex-Wrigley Field
The Curse of Ex-Wrigley Field
That loud crashing you hear is the sound of two worlds colliding. One of those worlds is Sam Zell’s, the now-owner of the Tribune Co. who happens to own the Chicago Cubs and Wrigley Field. The other is the reality that might possibly await the future of the Cubs and Wrigley depending on what the next move is by Zell.
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 Zell Looks to Retain Minority Interest in Cubs When Sold
Zell Looks to Retain Minority Interest in Cubs When Sold
Sam Zell, the now owner of the Tribune Co., which includes the Chicago Cubs, Wrigley Field, and a percentage of Comcast SportsNet Chicago said yesterday that he wishes to retain minority ownership in the Cubs; a way to protect his television and radio assets, as well as see tax benefits. Speaking in Denver as part of a tour of all Tribune assets, Zell addressed the sale of the Cubs. As ...
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 Tribune Co. to sell Cubs before season
Tribune Co. to sell Cubs before season
CHICAGO -- Tribune Co.'s new CEO Sam Zell said the Cubs will be sold by Opening Day, and that he may sell naming rights to Wrigley Field because such rights could be "extraordinarily valuable." Zell, who took over the company on Thursday, completing ...
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 The Tribune vs. Chicago
The Tribune vs. Chicago
KAOPECTATEVILLE? | Wrigleyville crying foul at talk of slapping new name on Friendly Confines First Marshall Field's, now Wrigley Field. Tribune Co. honcho Sam Zell told CNBC's "Squawk Box" on Tuesday that he's got no qualms about renaming the Cubs' ...
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The Curse of Wrigley?
There is a possible deal that will sell Wrigley Field to the State of Illinois. Is this good for the Cubs?
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 Financial Books on the Cubs to Be Delivered Next Week
Financial Books on the Cubs to Be Delivered Next Week
No, you’re not reading a duplicate posting. In early May, we ran Financial Book on the Cubs Expected This Week . Now, Sam Zell , the owner of the Tribune Co. and the Cubs said this time it’s really happening, with next week being the delivery date. When does Zell want to close the deal and complete the sale? A month after the books are delivered.
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 Friendly Confines South? Cubs Could Share US Cellular Field with White Sox
Friendly Confines South? Cubs Could Share US Cellular Field with White Sox
If Sam Zell has his way, and the Illinois Sports Facilities Authority purchases Wrigley Field, it is conceivable that the Cubs could wind up sharing U.S. Cellular Field with the White Sox for at least part of a season while renovations to Wrigley were being made. That according to Cubs Chairman Crane Kenney.
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 IFSA Strikes Out with Tribune Co. over Wrigley Field
IFSA Strikes Out with Tribune Co. over Wrigley Field
The negotiations between the State of Illinois, through the Illinois Sports Facilities Authority, and the Tribune Co. to purchase and renovate Wrigley Field have broken down over a financing issue that pertains the use of taxes. Former Governor James R. Thompson, Chairman, Illinois Sports Facilities Authority, said in a statement, "The Tribune believes that ISFA's participation in such ...
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It's only fair that Fehr sees No. 756
It figured to be a pretty vanilla trading season, what with so many clubs expected to still be in contention come July 31. But the sale of Tribune (which owns Newsday) to real estate mogul Sam Zell, and the announcement that Zell will sell the ...

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